Benchmark Electronics (Germany) Probability of Future Stock Price Finishing Over 44.20
| BMU Stock | EUR 44.20 0.40 0.91% |
Benchmark |
Benchmark Electronics Target Price Odds to finish over 44.20
The tendency of Benchmark Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to move above the current price in 90 days |
| 44.20 | 90 days | 44.20 | about 9.34 |
Based on a normal probability distribution, the odds of Benchmark Electronics to move above the current price in 90 days from now is about 9.34 (This Benchmark Electronics probability density function shows the probability of Benchmark Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days horizon Benchmark Electronics has a beta of 0.42 suggesting as returns on the market go up, Benchmark Electronics average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Benchmark Electronics will be expected to be much smaller as well. Additionally Benchmark Electronics has an alpha of 0.2521, implying that it can generate a 0.25 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Benchmark Electronics Price Density |
| Price |
Predictive Modules for Benchmark Electronics
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Benchmark Electronics. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Benchmark Electronics Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Benchmark Electronics is not an exception. The market had few large corrections towards the Benchmark Electronics' value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Benchmark Electronics, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Benchmark Electronics within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.25 | |
β | Beta against Dow Jones | 0.42 | |
σ | Overall volatility | 3.22 | |
Ir | Information ratio | 0.08 |
Benchmark Electronics Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Benchmark Electronics for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Benchmark Electronics can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Benchmark Electronics has accumulated about 396.61 M in cash with (177.47 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 10.32. | |
| Over 96.0% of the company shares are held by institutions such as insurance companies |
Benchmark Electronics Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Benchmark Stock often depends not only on the future outlook of the current and potential Benchmark Electronics' investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Benchmark Electronics' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 35.2 M |
Benchmark Electronics Technical Analysis
Benchmark Electronics' future price can be derived by breaking down and analyzing its technical indicators over time. Benchmark Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Benchmark Electronics. In general, you should focus on analyzing Benchmark Stock price patterns and their correlations with different microeconomic environments and drivers.
Benchmark Electronics Predictive Forecast Models
Benchmark Electronics' time-series forecasting models is one of many Benchmark Electronics' stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Benchmark Electronics' historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about Benchmark Electronics
Checking the ongoing alerts about Benchmark Electronics for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Benchmark Electronics help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Benchmark Electronics has accumulated about 396.61 M in cash with (177.47 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 10.32. | |
| Over 96.0% of the company shares are held by institutions such as insurance companies |
Additional Information and Resources on Investing in Benchmark Stock
When determining whether Benchmark Electronics is a strong investment it is important to analyze Benchmark Electronics' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Benchmark Electronics' future performance. For an informed investment choice regarding Benchmark Stock, refer to the following important reports:Check out Benchmark Electronics Backtesting, Benchmark Electronics Valuation, Benchmark Electronics Correlation, Benchmark Electronics Hype Analysis, Benchmark Electronics Volatility, Benchmark Electronics History as well as Benchmark Electronics Performance. For more detail on how to invest in Benchmark Stock please use our How to Invest in Benchmark Electronics guide.You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.